Brookfield-backed Clean Max plans Rs 5,200 crore IPO in November

The commercial and industrial The IPO will comprise as much as 15 billion rupees of new shares and a secondary offering of 37 billion rupees from existing investors, including US-based Augment Infrastructure Partners, according to the IPO prospectus filed in August.Discussions are ongoing and details such as the size and timing of the offering may change, the people said. A spokesperson for Clean Max didn’t respond to a request for comments. Live EventsBrookfield owned a 42.9% stake in the company, while A ...